Advanta IRA Trust – Real Estate IRAs

As Tax Day 2012 looms nearer, savvy investors are adding one more thing to their To-Do list besides completing their taxes. Unless you will be filing an extension, April 17^th, 2012 is also the due date for all IRA contributions for tax year 2011. Why does this matter? Well, IRA contributions are when an individual takes personal funds and deposits them into an IRA account. When a contribution is made to a before-tax account, such as a Traditional, SEP, or SIMPLE IRA, the amount of the contribution is usually tax deductable and can net you a nice refund from Uncle Sam. Besides the short term perk of reducing your tax bill, the contribution to your IRA account then grows within a tax sheltered environment, allowing you to compound the power of your investment earnings since they grow tax free within the account. The compounding effect of the tax sheltered IRA account produces a major long term benefit as well, the generation of greater wealth for the IRA holder and a more robust financial future.

Still not convinced? You might want to consider that contributions are a use it or lose it deal from the IRS.  If you contribute less than the maximum amount allowed to your plan, you cannot make up the difference in a different tax year. The IRS caps contributions for IRA accounts at a specific amount each year, regardless of how much or how little you have contributed in the past.

The annual contribution limits differ for each type of IRA. A detailed list of contribution limits can be found at: http://www.advantatrust.com/learning-center/2012-contribution-quick-reference/

AdvantaIRA Trust, LLC is a self directed IRA Administrator. We allow our clients the freedom to invest their retirement savings in assets such as real estate, mortgage notes, precious metals, futures, commodities, private stock and more! To learn about us, please visit our website at http://www.advantaIRAtrust.com/ or call our knowledgeable staff at (239) 333-1031.

AdvantaIRA does not sell any products or offer any investment advice. All information is for educational purposes only; please consult your tax advisor or CPA before investing.

An old familiar face has been showing up around town. After years of declining values an interesting trend has emerged in Southern tip of  Florida since early December. Our old friend the out of state real estate investor is coming back and they are coming back strong. The low prices on the Islands of Sanibel and Captiva are a dream for a real estate investor. The old adage is still true – profits on real estate are made on purchase. It is still a buyers’ market and they are taking advantage of prices at this time.  
 
Let me give you some statistics, we specialize with two types of clients 1031 exchanges and real estate IRA buyers.  From December 15 to January 31, we did 10 tax exchanges.  What was unique was that all buyers were from up North.  They all sold property up North and purchased replacement property in South Florida.  We have never seen that before.  Also in our real estate IRA business, purchases have increased 40% since December 1st.   These are substantial increases in both services and good signs that investors are stepping up while market prices are still low.  Two community banks that we work with are reporting record number of investors that specialize in Sanibel/Captiva condo rentals. These investors are putting in loan applications and closing. These statistics are a very good sign. 
 
If you currently own real estate, a 1031 exchange may be a perfect opportunity to upgrade your rental property to beautiful South or Southwest Florida. With a 1031, you are allowed to sell investment real estate and pay zero taxes as long as you follow the rules and purchase more investment real estate.  All taxes are deferred upon the sale including capital gains, recapture tax, and state taxes.
 
Real Estate IRAs offer investors the chance to unlock their IRAs to purchase nontraditional assets like local real estate, notes, LLCs or gold. To set up a real estate IRA, you will need to work with an administrator that specializes in Self Directed IRAs. The benefit of all Self Directed IRAs is that asset sales are tax free inside the IRA.  IRAs are not taxed until distributed.  A self-directed IRA allows the money to stay under the tax free umbrella of an IRA and purchase alternative assets.  This is a great way to diversify your IRA accounts. 
 
If you would like more information on either of the services we offer or to learn more about real estate investing, please give me a call anytime. We can be reached at  239-333-1031  or on the web www.advantaIRAtrust.com and www.1031company.com
 
Dave Owens, CPA, CES
President

IRAs are special accounts designated by the US Government to help individuals save for retirement.  Every IRA account is a retirement trust and a trust requires a custodian/administrator.  The Government wants you to segregate your retirement funds and they require this third party to help you out.

AdvantaIRA Trust is an IRA Administrator that helps individuals invest in alternative assets.  AdvantaIRA’s job is to help record keep for your IRA.  AdvantaIRA is a separate company and they do not sell any investments nor are they in any way related to the futures dealer.  AdvantaIRA is knowledge on different types of IRA accounts and the required record keeping.  A Self-Directed Administrator allows the individual to invest in all types of investments and does not limit your choices to stocks and bonds.

Typically an individual will set up a self-directed IRA with AdvantaIRA, with a transfer from another IRA account or they can open it with an annual contribution.  This is a tax free transfer since the money stays under the IRA umbrella.  Individuals can have any as many different IRA custodians as they would like.  Once the IRA is set up, AdvantaIRA will only invest with the client’s direction.

Remember, the Self-Directed IRA is the holder of the account. All future cash back or distributions must come through that particular self-directed IRA first.  Please consult your tax or financial adviser before opening any accounts or making any IRA investments.

For Immediate Release – March 2, 2012- Advanta Self-Directed IRA releases its very own Super Tuesday webinar schedule for SWFL.  Advanta IRA has exciting schedule of classes set up for March 6^th, 2012. Listed below are the Super Tuesday webinars.  A complete schedule of all other upcoming live events and webinars can be found at www.advanta-events.com

Webinar: Self-Direction for REALTORS

March 6, 2012 1:00 – 2:00pm

Learn how to position yourself as the specialist in Real Estate IRA’s! If you are a Real Estate professional looking to stay on top of your game, then this free webinar is for you!

 Webinar: Investing in Notes with an IRA

March 6, 2012 2:00 – 3:00pm

Did you know your IRA can be a private bank? As Credit tightens, take advantage of Secured Lending with your Advanta

Self-Directed IRA. One of the best ways you can make money for yourself right now is by understanding how to use your Self-Directed IRA to loan money to other investors or colleagues. All interest paid to your IRA account is tax deferred or tax free!

 Webinar: Real Estate IRAs

March 6, 2012 3:00 – 4:00pm

Today’s interesting real estate market is making for some great opportunities. With the power of IRAs, ALL GAINS INSIDE AN IRA ACCOUNT ARE TAX FREE. What a time to buy at historically low prices and reap the benefits tax free in the future. A Self-Directed IRA or real estate IRA gives you the freedom to invest in non-traditional assets, such as single-family and multi-unit homes, apartment buildings, co-ops, condominiums, improved or unimproved land (leveraged or unleveraged), commercial property, and more.

 AdvantaIRA is the premier provider of Self Directed IRAs in Florida.  Please call them anytime for a free consultation.  They can be reached on the web at www.advantatrust.com.

For Immediate Release

February 21st, 2012 – AdvantaIRA Trust, LLC is proud to announce the hire of Miami’s Regional Sales Manager, Kevin Collins. Kevin is from Fort Lauderdale, FL and brings over twelve years of financial services experience to his new role.  He has direct knowledge of various alternative asset classes including real estate, secured notes, managed futures, and hedge funds. Kevin will work out of the company’s new South Florida office and focus on expanding the firm’s footprint in the Dade, Broward, and Palm Beach markets.

 AdvantaIRA is committed to the classic American goal of financial independence, especially during retirement. As secure retirement becomes increasingly challenging, some investors want to learn about and take advantage of a wider range of investment options to attain their goals. We are the leaders in self-directed IRAs and real estate IRAs, custodial services and educational curriculum that help clients to build wealth with investments that they know, understand and control.

For further information about AdvantaIRA, call us at (239)-333-1031, or visit the company website at www.AdvantaTrust.com.

Each year the IRS adjust the rules and limits for IRA’s, 2012 is no different. For any individual who holds an IRA staying up to date on the rules is crucial. Not knowing the rules can result large fines, penalties, and possible the loss of the IRA tax shelter benefits.

For Traditional IRA’s in 2012 nothing has really changed. Contribution limits continue to be $5,000 for individuals under 50 and a $6,000 for individuals over the age of 50. Individuals over the age of 50 are allowed to contribute an extra $1,000 as a ‘catch-up’ contribution because they are closer to retirement age. Read the rest of this entry »

For Immediate Release – February 1st, 2012- AdvantaIRA Trust, LLC is excited to announce the expansion and opening of their newest office in the Miami area. AdvantaIRA specializes in Self Directed IRAs specifically real estate IRAs and private lending in IRAs. Advanta has been in business in Florida for over 9 years with offices in Fort Myers and Gainesville. The new South Florida office will be located at 950 South Pine Island Road,. AdvantaIRA prides itself on tremendous service and enthusiasm to help clients meet their financial goals. The new office will be led and managed by Kevin Collins, an experienced professional in the Alternative Asset Industry. The Miami phone number is 786-275-5870

For more information on AdvantaIRA Trust and the services they offer go to www.AdvantaTrust.com

Dear Friends,

I just wanted to send some great news. Effective tomorrow, we will be transitioning to a new and better business structure. For the last nine years, we have been affiliated with a company out of California where we shared resources, systems and marketing. Because of the economy and other factors, we have mutually agreed that it is in our best interest to operate separately. Effective December 31st, we will be known as AdvanatIRA Trust, LLC. Our goal is to continue as the leader in Self-Directed IRAs. Read the rest of this entry »

“Dave, what can I invest in to get some better returns?” – This has to be one of the most common questions I get.  Who wants to get 1 percent on a CD? Everyone wants the perfect investment.  While I don’t sell products and I don’t get a commission, I will tell you a solid investment for the Self Directed IRA investor is private lending.  All interest paid to the private note is tax free to the IRA (or lender in this case).

What is investing in notes or private lending?  While no investment is guaranteed, notes give investors the ultimate control.  Let me give you a quick example of private lending with an IRA.  Most investors do not know that you can be
the bank.  Your IRA account can lend money to non-related parties. Read the rest of this entry »

For immediate release  – December 3, 2011 – AdvantaIRA Trust, LLC is proud to assist in organizing the Royal Palm Business Association Food Drive for the Harry Chapin Food Bank.  Over 25 local businesses in the Royale Palm Square Blvd Area of Fort Myers are collecting food for the holidays.  The final collections will be December 15.  If you would like to make a donation please stop by the main drop off point at 1520
Royal Palm Square Blvd #320 in Fort Myers.  AdvantaIRA and its staff will come to your office for pickup if you would like to contribute. No Hunger for the Holidays is the theme of this year’s
food drive.

For further information about the AdvantaIRA contact Amy Blanco, or visit the company website at www.advantaTRUST.com or call (239)-333-1031.